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Nov 1, 2012
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. >>> elsewhere president obama resumes its election campaign duties today. he's ahead of mitt romney in three key states according to the latest "wall street journal" nbc poll. but the majority of the swing states are still there for the taking. it's shaping up to be one of the closest races in history. >> using new methodology, adp's revised calculations for the monthly job reaction at down from 162,000 the firm originally reported. october's figure is due out today. and washington's official nonfarm payroll on friday, of course. analysts are expecting around 15,000 jobs to have been created in october and a slight uptick in the job let last. did you see that story that said if you have a smartphone, blackberry, your company gets an extra 460 hours out of you a year. there is one or two that we get even more time on their blackberries, but seriously, i was looking at my smartphone and there are comments from our viewers saying come on, viewers in the states are not so stupid as to change their mind in the last couple days given what chris christie said. the
. >>> elsewhere president obama resumes its election campaign duties today. he's ahead of mitt romney in three key states according to the latest "wall street journal" nbc poll. but the majority of the swing states are still there for the taking. it's shaping up to be one of the closest races in history. >> using new methodology, adp's revised calculations for the monthly job reaction at down from 162,000 the firm originally reported. october's figure is due out today....
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Oct 30, 2012
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so just a couple days before the election, this is a crucially important number for obama obviously going into the election. but more importantly, it will help us see really what's happening within the employment picture itself and is it actually improving or not. >> okay. thanks very much for joining us this morning. >> bp reported better than expected results for the third quarter. underlying replacement cost profit $5.2 billion, around a billion dollars ahead of estimates. dividend has risen. becomeky peck becky was talking to bob dudley. >> and he was talking about how the refining has helped earns this it time around.>> and he w the refining has helped earns this it time around. the difference denied increased by some 12.5% is having big impacts on the stock today, as well. i was asking why they chose now to increase the dividend and if there would be further hikes in the future and he said they clearly have the confidence to raise the dividend now. they will continue to have a progressive policy in the future. continue to sell off businesses. and he said they do still have some asse
so just a couple days before the election, this is a crucially important number for obama obviously going into the election. but more importantly, it will help us see really what's happening within the employment picture itself and is it actually improving or not. >> okay. thanks very much for joining us this morning. >> bp reported better than expected results for the third quarter. underlying replacement cost profit $5.2 billion, around a billion dollars ahead of estimates....
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Oct 31, 2012
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remember when president obama was elected, he said he'd put a lot of people to work in shovel-ready job. turned out there weren't that many jobs that were ready in. the wake of sandy, i don't think there are enough shovels ready for up and down the jersey and new york coast. these jobs will be created. this destruction, estimated between $30 billion and $50 billion. i think it's going to exceed that. maybe at least get to the high end. will finally move the employment need until this country. now, when we look at industries that have been hardest hit since the great recession, the one that stands out the most is the construction business. construction business is about half of what it was six years ago. the culprit, banks that are afraid to lend, excess of homes, no need for new buildings and roads. the federal government doesn't need loans from banks. the federal government can cut immediate checks to get work done. the federal government is the only entity big enough for this job. i think it will keep the situation for dissolving into partisan policies, as usual. some are too big for
remember when president obama was elected, he said he'd put a lot of people to work in shovel-ready job. turned out there weren't that many jobs that were ready in. the wake of sandy, i don't think there are enough shovels ready for up and down the jersey and new york coast. these jobs will be created. this destruction, estimated between $30 billion and $50 billion. i think it's going to exceed that. maybe at least get to the high end. will finally move the employment need until this country....
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Nov 1, 2012
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is re-elected. i think that's probably the right way to look at it. >> all right. we'll leave it there. gentlemen, thank you very much, we appreciate your time tonight. we had a little bonus time there. i'm glad we got to that question. up next, my thoughts on leaders rising in the aftermath of super storm sandy. and a concert benefiting victims of sandy. bon jovi, christina aguilera. you can catch them tomorrow night at 8:00 p.m. join us for this special concert coming together. u tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better ch
is re-elected. i think that's probably the right way to look at it. >> all right. we'll leave it there. gentlemen, thank you very much, we appreciate your time tonight. we had a little bonus time there. i'm glad we got to that question. up next, my thoughts on leaders rising in the aftermath of super storm sandy. and a concert benefiting victims of sandy. bon jovi, christina aguilera. you can catch them tomorrow night at 8:00 p.m. join us for this special concert coming together. u tdd#:...
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Oct 30, 2012
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p that's a 2:1 advantage to president obama. second when the stock market does better than 5% and it's been up 8% during obama's four year, 80% of the incumbents win. when it's below 5%, only 40 respect abo respe respect% of them win. finally, governor romney is 14 years older than obama. no one who is 14 years would older has taken the white house. and he's the third oldest candidate ever to run for president behind reagan and harrison. so history is on obama's side. >> appreciate the stats. we have someone writing in all this on the back of hurricane season, michael, let's continue with you because we've been looking at a lot of earns and not seeing a huge impact with the storm. investors choosing to trade -- >> lot of bears worried about the top line, but you've crunched through some of the numbers. >> it's not so bad. we were a bit worried about the third quarter. i've been calling it would be the year of the economic cycle. pmi data seems to be suggesting that. and here we are, we have 51% the company beating on the earning
p that's a 2:1 advantage to president obama. second when the stock market does better than 5% and it's been up 8% during obama's four year, 80% of the incumbents win. when it's below 5%, only 40 respect abo respe respect% of them win. finally, governor romney is 14 years older than obama. no one who is 14 years would older has taken the white house. and he's the third oldest candidate ever to run for president behind reagan and harrison. so history is on obama's side. >> appreciate the...
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Nov 2, 2012
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that is the extent of the jobs report makes the pofblt president obama getting elected a little bit more likely. that means sell the winners, capital gains taxes may be going up. that's been cited by traders. but i think sharon is right, it is the dollar moving up. we are at a two-month high. when that happens you tend to get pressure on a lot of different sectors in the market. if you look on the downside what's leading the market to the downside, they are the two most dollar sensitive sectors in the market, material stocks and energy. that's because these are all commodity bases and they get impacted by the movie on the dollar here. if you look at what's most active at the exchange traded funds, i'd pay a lot of attention to volume in the big exchange traded funds. tracked about 100 of them at a time. these have the heaviest volume. look. silver, gold, gold stocks, as well as some other ones that are in the overall materials index. that tells me that this is a lot of this decline is dollar related. >> got it. bob pisani, thanks so much. >>> now over to the nasdaq, seema mody following
that is the extent of the jobs report makes the pofblt president obama getting elected a little bit more likely. that means sell the winners, capital gains taxes may be going up. that's been cited by traders. but i think sharon is right, it is the dollar moving up. we are at a two-month high. when that happens you tend to get pressure on a lot of different sectors in the market. if you look on the downside what's leading the market to the downside, they are the two most dollar sensitive sectors...
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Nov 2, 2012
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election is back in full swing yesterday. i didn't see whether they were holding any beer bottles, but just five days to go now until the vote. the obama and romney hitting with full force. an michael bloomberg endorsed obama. he insisted obama could still fulfill the hope he implied four years ago despite what he calls a disappointing first term. meanwhile the president and his republican rival are focusing on change. >> we haven't can the same four more years. our xlant is five more days. >> you know what i believe, you know where i stand, you know i'm willing to make tough decisions everyone when they're not politically convenient. >> you have to ask yourself is america on the road to greece. are we on the road to check crisis as you're seeing in europe and italy and spain and other parts of the world. >> we know what change looks like. and what the governor's offering sure ain't change. >> while the election campaign is back ork many american still struggling to get back to normal following super storm sandy. at least 98
election is back in full swing yesterday. i didn't see whether they were holding any beer bottles, but just five days to go now until the vote. the obama and romney hitting with full force. an michael bloomberg endorsed obama. he insisted obama could still fulfill the hope he implied four years ago despite what he calls a disappointing first term. meanwhile the president and his republican rival are focusing on change. >> we haven't can the same four more years. our xlant is five more...
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. >> meanwhile a new nbc "wall street journal" maris poll shows that just a few days before the election, president obama is leading mitt romney in three battleground states, wisconsin, iowa and new hampshire. you can head to y nbc.com to reach john harwood's take on the poll and the race for the white house. sdwr joining us is a political reporter at the "washington post" following all of this very closely of course. sean, thanks for joining us. i want to start with this dynamic een obama and chris christie. what's the chris christie strategy here? because it seems to be taking some of the momentum away from his own party. >> yeah, this is really interesting. you have somebody in governor christie who has been an outson critic of president obama. but what we've heard the last three days is nothing but praise for the president and the pearl response to his needs in new jersey. so a little bit of a different tone there. but in times like these when you have natural disasters, you tend to see politicians put politics aside. that said, there's certainly a political up side for obama appeari
. >> meanwhile a new nbc "wall street journal" maris poll shows that just a few days before the election, president obama is leading mitt romney in three battleground states, wisconsin, iowa and new hampshire. you can head to y nbc.com to reach john harwood's take on the poll and the race for the white house. sdwr joining us is a political reporter at the "washington post" following all of this very closely of course. sean, thanks for joining us. i want to start with...
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Oct 31, 2012
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campaigning for the presidential election has so far been on hold. republican mitt romney has avoided political talk at public appearances. meanwhile, obama has cancelled a rally in ohio today, and will instead visit new jersey to assess the damage with the states governor chris christie, the president keen to be seen responding rapidly to the crisis. >> i want you to cut through red tape. i want you to cut through bureaucracy. there's no excuse for inaction at this point. i want every agency to lean forward and to make sure that we are getting the resources where they're needed as quickly as possible. >> so there you go. president obama then just responding. we talked a little bit about this in the first hour with you about how this could suit obama in the campaign. has to be a little careful how you talk about it. but obama does look cool under fire. does have the ability to take this crisis and show that he is still presidential material. >> yeah, i think it helps obama. he looks presidential. he's in control of the crisis, assuming he remains in
campaigning for the presidential election has so far been on hold. republican mitt romney has avoided political talk at public appearances. meanwhile, obama has cancelled a rally in ohio today, and will instead visit new jersey to assess the damage with the states governor chris christie, the president keen to be seen responding rapidly to the crisis. >> i want you to cut through red tape. i want you to cut through bureaucracy. there's no excuse for inaction at this point. i want every...
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Nov 2, 2012
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jobs market before the election is due out in just a few hours. forecasts calling for another month of modest but not stellar payroll growth. >> dow, s&p and nasdaq posting their strongest session since mid september. >> the rising cost of sandy, now the economic losses could reach $50 billion. >> we'll get into what's happen manage greece later, but first michael bloomberg has endorsed br barack obama. he cites his record on climate change and his steps to reduce carbon consumption as the key. particularly in the wake of the devastation left by sandy. well, for more on the election, joining us is christopher lockwood. his publication has just man a endorsement of its own. and sarah fay began.dn a endorsement of its own. and sarah fay began.en a endorsement of its own. and sarah fay began. a endorsement of its own. and sarah fay began. chris forever, first to you.ghy. chris forever, first to you.ny . chris forever, first to you. be. chris forever, first to you.beg. chris forever, first to you.ega. chris forever, first to you.gan. chris forever, fi
jobs market before the election is due out in just a few hours. forecasts calling for another month of modest but not stellar payroll growth. >> dow, s&p and nasdaq posting their strongest session since mid september. >> the rising cost of sandy, now the economic losses could reach $50 billion. >> we'll get into what's happen manage greece later, but first michael bloomberg has endorsed br barack obama. he cites his record on climate change and his steps to reduce carbon...
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Oct 29, 2012
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in any case, president obama and mitt romney have canceled campaign events today due to hurricane sandy, this only eight days left before the presidential election with polls showing an extremely tight race. joining us now for more is columnist and blger f blogger a contributor. james, thank you for getting up this morning. and you mentioned even just getting to the office, you are already seeing the rain. >> i have to admit that as i was coming in, i was -- even though i love cnbc and i love this show, i was regretting it just a little bit as the rain was heavier than expected and as soon as i'm done, i'm heading home and going deep into the bunker. >> yes, be safe. we know we see the path of the storm seems to be aiming directly for pennsylvania, although the impact because it's so large being felt all up and down the east coast. a lot of people wondering what this will mean for the election tuesday. >> well, one affect it could have, it could freeze the election wherever it is right now for the next half week or so. i think people will be focused on this hurricane coverage. you're no
in any case, president obama and mitt romney have canceled campaign events today due to hurricane sandy, this only eight days left before the presidential election with polls showing an extremely tight race. joining us now for more is columnist and blger f blogger a contributor. james, thank you for getting up this morning. and you mentioned even just getting to the office, you are already seeing the rain. >> i have to admit that as i was coming in, i was -- even though i love cnbc and i...
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Oct 31, 2012
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president obama side by side with new jersey republican and very outspoken governor chris christie. it is election season, after all. >>> later today, the man behind that hot generator company that everyone is talking about. the ceo is on "fast money" at 5:00 eastern time. we'll be right back. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly onlin
president obama side by side with new jersey republican and very outspoken governor chris christie. it is election season, after all. >>> later today, the man behind that hot generator company that everyone is talking about. the ceo is on "fast money" at 5:00 eastern time. we'll be right back. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national...
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Oct 30, 2012
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>> i think there are three advantages to the obama campaign and to the president. one is just what you've identified. the president, by just doing his job and doing it well and by mi making sure that fema performs well and the entire federal bureaucracy responds officially, he gets points. he looks like a leader. he looks like someone in command. that's always good for undecided voters. it's always good to motivate someone in his base who wasn't sure they were going to vote. secondly, if you subscribe to the theory that the romney campaign had momentum t looked like it did in some of the swing states. this is a timeout for three days. it's like a basketball game where one side is coming back from being way down and they're only two buoyapoints down. all the sudden the scoreboard clock goes down. for ten minutes they repair the clock. after that, the team has lost its momentum. i think the guy that had momentum is hurt by a three-day layoff. thirdly, there's a fundamental distinction between the two campaigns and two visions. one says that government should get out
>> i think there are three advantages to the obama campaign and to the president. one is just what you've identified. the president, by just doing his job and doing it well and by mi making sure that fema performs well and the entire federal bureaucracy responds officially, he gets points. he looks like a leader. he looks like someone in command. that's always good for undecided voters. it's always good to motivate someone in his base who wasn't sure they were going to vote. secondly, if...
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could y do you think they will double down on that particularly if obama wins the election at their next meeting? >> well, i don't know that they double down. i think what you are seeing, though, is a shift in fed sentiment. even one of the hawkish members has kind of changed his position and decided that the fed needs to be a bit more aggressive. the big question is always not whether they want to do it but how effective is what they are doing? and, you know, my view has always been that you use the best tools that you can first and then when you're out of those tools, then you go to those things that are less effective. so i think they're in that regime right now. they may want to do more. it's just not clear there's a whole lot more they can do. >> earlier mr. lazear, you referred to the current recession. i don't believe you think we're still in a recession so i think you believe we're not coming out of it perhaps as quickly as otherwise. when you come out of a financial crisis led recession job growth typically takes a lot longer to get back to where you were than a typical recessio
could y do you think they will double down on that particularly if obama wins the election at their next meeting? >> well, i don't know that they double down. i think what you are seeing, though, is a shift in fed sentiment. even one of the hawkish members has kind of changed his position and decided that the fed needs to be a bit more aggressive. the big question is always not whether they want to do it but how effective is what they are doing? and, you know, my view has always been that...
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so i think the market psychologically with like to see a romney win, but even if it's obama, we can still make a plan. and that's the biggest problem. >> what happens if we don't find out the outcome of the election by wednesday morning? >> that's the talk of the town right now. downstairs everybody's talking that is the biggest disaster because if he with have that uncertainty continue -- i don't think it would go as lon at figure cal cliphysical kal clif that's the irs volumes have been low because we ecause there is no etting plan going forward. >> scott, we'll leave it there, but thanking for your perspective. we'll see you soon. the question on our minds here this morning, to run or not to run. that is our question. the big controversy over mayor bloomberg's decision to push forward with the marathon. one topic of outrage to touch on in chairs this morning. smart comes with 8 airbags, 3 a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. but don't just listen to me. listen to these happy prog
so i think the market psychologically with like to see a romney win, but even if it's obama, we can still make a plan. and that's the biggest problem. >> what happens if we don't find out the outcome of the election by wednesday morning? >> that's the talk of the town right now. downstairs everybody's talking that is the biggest disaster because if he with have that uncertainty continue -- i don't think it would go as lon at figure cal cliphysical kal clif that's the irs volumes...
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clearly for president obama. you've certainly declared. i wanted to know is this the kind of october and november now surprise that can benefit a sitting president more than a candidate? >> well, who knows. i mean, you know, there's been -- i've heard it argued both ways, jim. that, you know, the people who are lower income are going to have more difficulty getting to the polls. other people have indicated that -- that it will favor the sitting president. certainly i hope that's the case. but i can't predict that. >> jim, i wonder, though, we're getting some fresh polling out of ohio where the president once not long ago, jim, had a five-point lead. it looks very even right now. people still discussing a participation gap, an enthusiasm gap versus his first election in 2008. how do you -- how worried are you about that? >> well, obviously concerned. i would expect that in michigan and ohio where the car industry has been reenergized, that that would have a significant impact. we certainly notice that our business in those two states is pre
clearly for president obama. you've certainly declared. i wanted to know is this the kind of october and november now surprise that can benefit a sitting president more than a candidate? >> well, who knows. i mean, you know, there's been -- i've heard it argued both ways, jim. that, you know, the people who are lower income are going to have more difficulty getting to the polls. other people have indicated that -- that it will favor the sitting president. certainly i hope that's the case....
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he could win the election. but he may need a little bit of push by the end. and then the other thing that people talk about is the idea that president obama can showrd shal leadership and he's helping people, using fema and other tools of the administration. i'm kind of skeptical of that because i think people understand that that's a president's job. i don't see the president getting much mileage out of that. but who knows. >> this is a random question. if the election were held tomorrow, would they ever cancel or delay the actual election itself due to weather,s that that ever happened? >> not to my knowledge. i think it would be very, very difficult to do. but, you know, stranger things have happened. i'm not aware that that's ever happened. i mean, it certainly happened in particular jurisdictions. you remember in 9/11, they moved the mayoral election in new york city. so certainly there's press department for in the catastrophic circumstance moving the date, but i've never seen that in a presidential election and i'd be very surprised if that happens. >>
he could win the election. but he may need a little bit of push by the end. and then the other thing that people talk about is the idea that president obama can showrd shal leadership and he's helping people, using fema and other tools of the administration. i'm kind of skeptical of that because i think people understand that that's a president's job. i don't see the president getting much mileage out of that. but who knows. >> this is a random question. if the election were held...
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and that's going to be an important thing with days to come until the election. people are talking about how sandy will affect the election, and that is one of the major things people are talking about this morning, guys. back to you. >> kayla tausche, thanks so much. talk about moving all these various calendar dates. there's also, i mean, as kayla mention, some talk whether or not the elections could possibly be moved. constitutionally it can be moved but whether or not that is going to happen is a whole other story. >> all i heard was executive order to move -- >> halloween. >> words i never thought i would hear. >> think of all the children across the country rejoicing, and adults for that matter. and adults. >> we had a lot of businesses report a good quarter. european business news rather extraordinary. >> deutsche bank. >> when was the last time europe helped us? here we go. >> except we're not open. >> i know that our futures or whatever they were trading off of, looking at some of the data points, bp gave you a boost from dividends. that was terrific. 40
and that's going to be an important thing with days to come until the election. people are talking about how sandy will affect the election, and that is one of the major things people are talking about this morning, guys. back to you. >> kayla tausche, thanks so much. talk about moving all these various calendar dates. there's also, i mean, as kayla mention, some talk whether or not the elections could possibly be moved. constitutionally it can be moved but whether or not that is going to...
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Oct 27, 2012
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if obama is elected it's uncertain whether bernanke would want to stay for a third term. what can't be denied is what ben bernanke and the fed has had on the economy and the markets over the last four years. some critics say ben bernanke should have seen the financial crisis before it hit us. that's a conversation for another time. no matter what you do for a living ben bernanke's policies have affected you and your money. bernanke's fed has pumped more than 2s trillion worth of stimulus through the economy through various programs through the recession. unemployment has been trending lower since the stimulus programs started in 2008 and bernanke's fed has been focused on bringing it down. inflation, another one of the fed's chief concerns has been relatively tame if you take out food and energy prices over the last four years, although hard to take out food and energy prices. there are concerns about inflation going down the road, though, given the low lending rates that the fed has fostered. that may be bernanke's successor's problem. let's look at stocks. the s&p 500,
if obama is elected it's uncertain whether bernanke would want to stay for a third term. what can't be denied is what ben bernanke and the fed has had on the economy and the markets over the last four years. some critics say ben bernanke should have seen the financial crisis before it hit us. that's a conversation for another time. no matter what you do for a living ben bernanke's policies have affected you and your money. bernanke's fed has pumped more than 2s trillion worth of stimulus...
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whoever wins the election on tuesday, on wednesday either barack obama or mitt romney will have to start worrying about the same urgent challenge, how to stop the united states from falling over the fiscal cliff. this is, of course, the second cliff hanger that the united states has faced in two years, the first being the debt ceiling debacle. how did the world's greatest democracy start functioning so badly? maybe the next president can try to fix this broader problem. but first the fiscal cliff. unless congress act, the spending cuts and tack increases that would be triggered automatically next january would take 5.1% out of the country's gdp in one year according to the congressional bucket office. that would be one of the most severe experiments with austerity in history, larger than anything greece, spain, italy, or the united kingdom has tried. in fact, it's almost three times the size of britain's austerity program. and the results of those european programs have thus far been a dramatic slowdown in economic growth and a sharp spike in unemployment. once again, the rhett of the wo
whoever wins the election on tuesday, on wednesday either barack obama or mitt romney will have to start worrying about the same urgent challenge, how to stop the united states from falling over the fiscal cliff. this is, of course, the second cliff hanger that the united states has faced in two years, the first being the debt ceiling debacle. how did the world's greatest democracy start functioning so badly? maybe the next president can try to fix this broader problem. but first the fiscal...
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Oct 28, 2012
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now if obama gets re-elected, that has passed. and john boehner will have to think about his feature as speaker. if he wants to stand with the tea party or stand with the vast moderate majority of people in this country who believe that there have to be some revenues, and there have to be some cuts, and there have to be entitlement reforms. there's a rational, sane middle road out there. if romney wins, then he will have to deal with the democrats in the senate which he will want to do, and he will have to say to his right wing as he has implicitly over the last three or four weeks that no, guys, we're not going to have this extreme policy. and as for tax rates mattered, i mean, i think we all live through the great depression of the 1990s after bill clinton raised taxes. and the great depression of the 1980s after ronald reagan raised taxes, especially on business, three times. >> we're going to have to see stop -- no, we're going to have stop, take a break. >>> when we come back, we'll talk inevitably about all this, but also go
now if obama gets re-elected, that has passed. and john boehner will have to think about his feature as speaker. if he wants to stand with the tea party or stand with the vast moderate majority of people in this country who believe that there have to be some revenues, and there have to be some cuts, and there have to be entitlement reforms. there's a rational, sane middle road out there. if romney wins, then he will have to deal with the democrats in the senate which he will want to do, and he...
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we're hours from the election. these men are delivering closing arguments, making their final case for your vote. it's an election about the economy, so let's look at the evidence. jobs. president obama's argument, he's gained back every job lost under his watch. that's quite a feat, but romney says not good enough. >> we're going to create 12 million new jobs and more take-home pay. >> reporter: >> how is that possible, major economic growth. the economy grew at a 2% annual rate during the third quarter, better but not nearly enough to significantly boost hiring. romney will be much more than that to keep his jobs promise. how about housing. prices in some areas are rising, foreclosures slowing, but this is america and what will really get the economy going again is you. consumer spending rising, consumer confidence the best in four years. there's no doubt president obama inherited an economy in crisis, and his supporters will tell you he's turned things around. >> we have made real progress. >> his final argument
we're hours from the election. these men are delivering closing arguments, making their final case for your vote. it's an election about the economy, so let's look at the evidence. jobs. president obama's argument, he's gained back every job lost under his watch. that's quite a feat, but romney says not good enough. >> we're going to create 12 million new jobs and more take-home pay. >> reporter: >> how is that possible, major economic growth. the economy grew at a 2% annual...
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Oct 27, 2012
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if obama gets elected, u.s. is the next greece. it's just hyperbole the differences between the u.s. and greece are so enormous that it doesn't really bear really fair comparison. not only because the u.s. has got the dollar, which is the world's largest reserve currency and largest market and growing at 2% and employment at 7.8%. all these issues. what the governor is talking about, of course, is debt and deficits. and the very high level of u.s. debt, which at some point is going to have to be addressed. whoever gets elected to the white house, whichever party takes the house and the senate, they are going to have to deal with the debt crisis. >> now, also got a chance to ask richard about his stateside train trip through the u.s. talked to voters from chicago through iowa and utah and california. >> this was brilliant. i tell you why i really liked it because i got to see, i got to see americans, whether it was in the civil war reenactment in iowa or at byu in utah or in colorado and i got to hear what their concerns truly are i
if obama gets elected, u.s. is the next greece. it's just hyperbole the differences between the u.s. and greece are so enormous that it doesn't really bear really fair comparison. not only because the u.s. has got the dollar, which is the world's largest reserve currency and largest market and growing at 2% and employment at 7.8%. all these issues. what the governor is talking about, of course, is debt and deficits. and the very high level of u.s. debt, which at some point is going to have to...
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Oct 27, 2012
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president obama and governor romney spending millions to get their vote. especially in battleground states. check out this cnn electoral map. the states in yellow are up for grabs. blue are safe for obama. light blue, leaning obama. red, those are safe for romney. light red leaning romney. but what will it take to win over the undecided voters, what do they want to know. "saturday night live" had this take. >> before you get our vote, you're going to have to answer some questions. questions like -- >> when is the election? >> what are the names of the two people running? and be specific. >> who's the president right now? is he or she running? >> in real life, undecided voters sound like this. >> i want there to be continued job growth. >> don't say republican, don't say democrat, just get it done. >> i have not heard anything other than this tough guy rhetoric, and numbers that don't add up. >> it's critical right now, to make the best decision. >> a lot of people need relief, and i'm not too sure the election is going to give it, no matter who gets electe
president obama and governor romney spending millions to get their vote. especially in battleground states. check out this cnn electoral map. the states in yellow are up for grabs. blue are safe for obama. light blue, leaning obama. red, those are safe for romney. light red leaning romney. but what will it take to win over the undecided voters, what do they want to know. "saturday night live" had this take. >> before you get our vote, you're going to have to answer some...
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obama. seriously, will? >> look, i don't know. can he win the election for president obama? the answer is no. that's not going to have that big of an impact on the election. many piem look at chris christie. maybe i'm not looking with the appropriate amount of cynicism. politics deserve cynicism. chris christie has earned the last several years the right to be granted honesty and authenticity. and i think he's a governor, dealing with a tragedy that you really can't overstate if you look at pictures, you live up in this area, you know how awful it is. he's dealing with that as his first priority and the president has his back and is giving him credit for that. >> okay. and roland, there are some political conservatives out there who say chris christie is either totally sincere or -- >> he's acting like a governor. where he showed chris christie 12 days ago, going off on the president, saying he had no leadership. guess what, that was politics. the last four days, from the time hurricane sandy what happens when you do show leadership. i think he is doing exactly what a govern
obama. seriously, will? >> look, i don't know. can he win the election for president obama? the answer is no. that's not going to have that big of an impact on the election. many piem look at chris christie. maybe i'm not looking with the appropriate amount of cynicism. politics deserve cynicism. chris christie has earned the last several years the right to be granted honesty and authenticity. and i think he's a governor, dealing with a tragedy that you really can't overstate if you look...
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president obama has had a decided edge among moderates. fascinating new division in the electorate that we're seeing playing out. >> stay here. we'll talk more about this. brianna keeler is in milwaukee. the president will be there later today. three days out. this is the final chance for the president to make his case to voters. what's the final message going to be? >> reporter: he's countering, ali, mitt romney's message where he is talking about being the candidate of real change. we've been hearing president obama say that's not true. president obama saying that he is the candidate of change, admitting that the change has been slow going as far as improvement to the economy. but still urging voters to have patience with him. remember, yesterday with those jobs numbers out, he pointed to private sector gains, trying to show that things are heading in the right direction. the other thing, he's trying to say to voters you know me. you may not agree with me all of the time. but you know i am a man of my word. and that you know what you're
president obama has had a decided edge among moderates. fascinating new division in the electorate that we're seeing playing out. >> stay here. we'll talk more about this. brianna keeler is in milwaukee. the president will be there later today. three days out. this is the final chance for the president to make his case to voters. what's the final message going to be? >> reporter: he's countering, ali, mitt romney's message where he is talking about being the candidate of real...
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obama has accomplished. you know, if the participation rate was the same today as it was when the recovery began -- not too long ago, mr. goolsbee, the unemployment rate would be 9.6%. in fact, baby boomer's participation is actually increasing. because in this poor economy, their retirement accounts are worth so little and they're not getting any interest on their cds that they're going back to work. the labor force -- >> hold on a second. but, peter, peter, peter, peter, peter, we're four days from election. just tell me, we -- if you want to relitigate the recession, we can do that. we'll need another hour to do that. let's talk about job creation. both presidential candidates have made a promise they will create 12 million jobs in four years. once was in world war ii, the last two times were under reagan and clinton where economic growth was in excess of 4%. your an economist. are you thinking we're going to get 4% growth in the next couple of years? >> yeah, i do. if mr. romney is elected, we will get 4
obama has accomplished. you know, if the participation rate was the same today as it was when the recovery began -- not too long ago, mr. goolsbee, the unemployment rate would be 9.6%. in fact, baby boomer's participation is actually increasing. because in this poor economy, their retirement accounts are worth so little and they're not getting any interest on their cds that they're going back to work. the labor force -- >> hold on a second. but, peter, peter, peter, peter, peter, we're...
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we were on a conference call elected officials with president obama and governor cuomo last night going over a lot of the issues especially the housing issues that people will face. we've been in constant contact with the mayor's office. bottom line here is everybody's moving to get things done. but the challenges are so enormous, it's unlike anything i've ever seen as manhattan borough president as a public official for 20 years. >> we're showing our viewers unbelievably long lines, people waiting two or three or four hours just to get on a bus. how much longer can a situation like that continue? >> well, that's by the way another issue that i think is getting worse by the day. cabs are running out of gas. and that's a transportation opportunity for people. i haven't seen lines like this since the 1970s energy crisis. you know, jimmy carter in 1980 where you just had lines down the block of cars. we're back to that. again, that's also going to slow us in terms of getting people out of this situation. >> you know, there's a lot of uproar over whether or not the marathon this weekend in
we were on a conference call elected officials with president obama and governor cuomo last night going over a lot of the issues especially the housing issues that people will face. we've been in constant contact with the mayor's office. bottom line here is everybody's moving to get things done. but the challenges are so enormous, it's unlike anything i've ever seen as manhattan borough president as a public official for 20 years. >> we're showing our viewers unbelievably long lines,...
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Oct 31, 2012
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president obama resumes campaigning tomorrow, just five days before the election with appearances in green bay, wisconsin, boulder, colorado, and las vegas. unchartered waters of the two campaigns, no doubt about it. the same for election officials in some of the areas that are hit by sandy. joe johns is with us now from washington. do we have, joe, any idea, six days out, of the potential disruptions we could see on election day? >> reporter: we're at least beginning to get an outline of it, but we just won't be sure until we get to election day. we have been paying a lot of attention to the battleground states, virginia, pennsylvania, and north carolina, all in the past, if you will, of the storm. the issues are about whether early voting is affected and then what is going to happen on election day. okay, starting with pennsylvania, there is no early in person voting in pennsylvania, but the question is whether in person voting on election day might be affected in and around philadelphia. now, this was a state that was just slightly beginning to tick over to the obama side and the
president obama resumes campaigning tomorrow, just five days before the election with appearances in green bay, wisconsin, boulder, colorado, and las vegas. unchartered waters of the two campaigns, no doubt about it. the same for election officials in some of the areas that are hit by sandy. joe johns is with us now from washington. do we have, joe, any idea, six days out, of the potential disruptions we could see on election day? >> reporter: we're at least beginning to get an outline of...
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. >> peter, you're a conservative and you say, quote, if president obama is re-elected, the jobs picture will worsen. but it's been a good week of reports for obama. home prices are up. consumer confidence hit its highest level in four years. incomes and spending are up. how do you still, peter, make the case that the u.s. economy is broken? >> well, we're just not grow in at the pace we should. the obama administration has sold america on the notion this is the worst crisis since the great depression. when mr. reagan took office we had double-digit inflation, double-digit unemployment and the jobless rate peaked at 10.8%. when he ran for re-election, the unemployment rate was down much lower and the economy was growing at 6.3%. three times what mr. obama has accomplished. you know, if the participation rate was the same today as it was when the recovery began -- not too long ago, mr. goolsbee, the unemployment rate would be 9.6%. in fact, baby boomer's participation is actually increasing. because in this poor economy, their retirement accounts are worth so little and they're not gettin
. >> peter, you're a conservative and you say, quote, if president obama is re-elected, the jobs picture will worsen. but it's been a good week of reports for obama. home prices are up. consumer confidence hit its highest level in four years. incomes and spending are up. how do you still, peter, make the case that the u.s. economy is broken? >> well, we're just not grow in at the pace we should. the obama administration has sold america on the notion this is the worst crisis since...
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Oct 30, 2012
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president obama at 47%, mitt romney at 48%. again, that's a national poll, and this really may come down to state by state. but today, a key romney surrogate. in fact, one of the first people to actually come out and endorse him, way before anyone else did, the man who delivered the keynote address back in august said this. >> the president has been all over this, and he deserves great credit. i've been on the phone with him, like i said, yesterday personally three times. he gave me his number at the white house, told me to call him if i needed anything. and he absolutely means it. it's been very good. it's been very good working with the president. and he and his administration have been coordinating with us. it's been wonderful. >> so could chris christie's kind words, it's been wonderful for the other side do anything to tip this balance in a tight race? a senior spokesman for hillary clinton, and john avalon, a columnist at "newsweek" at election express. thanks to all of you. let me start with you, john. some of the latest
president obama at 47%, mitt romney at 48%. again, that's a national poll, and this really may come down to state by state. but today, a key romney surrogate. in fact, one of the first people to actually come out and endorse him, way before anyone else did, the man who delivered the keynote address back in august said this. >> the president has been all over this, and he deserves great credit. i've been on the phone with him, like i said, yesterday personally three times. he gave me his...
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Oct 28, 2012
10/12
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this election is not about president obama, the person. it is about his failed presidency and failed leadership. our country is going in the wrong direction. and mitt romney is the only leader who can turn this economy around. did americans back to work, and build the better america our parents worked and sacrificed to make possible. that is the opportunity before us. and it is the one that we must seize, for the sake of our children and the future of our great nation. god bless your families and may god continue to bless the united states of america. >> watch our coverage of the presidential candidates. plus watch the keys senate and house races are run the country. next, vice president of candidate paul ryan speaks in ohio. after that, vice president biden speaks in virginia. inlowing that is romneann romny florida. >> these are houses that are never coming back. there is one family every 20 minutes moving out. >> these houses are disappearing from the landscape. >> there are 1645 writers that were laid off as part of the downsizing, as
this election is not about president obama, the person. it is about his failed presidency and failed leadership. our country is going in the wrong direction. and mitt romney is the only leader who can turn this economy around. did americans back to work, and build the better america our parents worked and sacrificed to make possible. that is the opportunity before us. and it is the one that we must seize, for the sake of our children and the future of our great nation. god bless your families...
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Oct 28, 2012
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>> obama-care >> barack obama when he ran for president in 2008. unfortunately, turn on your tv. that is exactly what president obama has become these days. you see, he cannot run on his record. we have 23 million people struggling for work. we have factories that are closed. we lost 600,000 manufacturing jobs since he took office. 38,000 in the last two months. we are going in the wrong direction. the economy was supposed to be growing twice as fast today. if only we had passed his plan. guess what? the obama economic agenda failed not because it was stopped. failed because it was passed. he came into congress with full control of washington. he had the house and the senate and the white house. and he passed his agenda. he passed his stimulus plan with all of the barn and the spending. it failed to create the jobs they said it would. then he turned his attention for a year and a half to have the government takeover of health care. then he turned his attention to an energy policy where you try to get a new national energy tax on all of our consumption. he did not get that one thr
>> obama-care >> barack obama when he ran for president in 2008. unfortunately, turn on your tv. that is exactly what president obama has become these days. you see, he cannot run on his record. we have 23 million people struggling for work. we have factories that are closed. we lost 600,000 manufacturing jobs since he took office. 38,000 in the last two months. we are going in the wrong direction. the economy was supposed to be growing twice as fast today. if only we had passed his...
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Oct 27, 2012
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essentially, obama won the election before election day. john mccain won the election day vote but obama had already won the election in the early voting period. we have already had 1 million people voted north carolina. -- voters in north carolina. at this point, the democrats are doing better on the early voting, it appears. we don't have a vote count so we don't know exactly what the tally is. if you look at things -- we know things like number of active americans who have voted and that is up from the percentage who voted in 2008. percentage is greater this time at this juncture that was in 2008. the number of younger voters who tend to be more for obama than for running a, a greater percentage is up this time compared to 2008. those are all good signs for the obama campaign. but, what that will mean at the end, we don't know but the obama campaign had a good signal from that. host: we have a chart from an article in the "atlantic." it talks about absentee ballot request in north carolina. host: the democrats made a gain of about 9000.
essentially, obama won the election before election day. john mccain won the election day vote but obama had already won the election in the early voting period. we have already had 1 million people voted north carolina. -- voters in north carolina. at this point, the democrats are doing better on the early voting, it appears. we don't have a vote count so we don't know exactly what the tally is. if you look at things -- we know things like number of active americans who have voted and that is...